Tag Archives: Frater

Fannie Mae Chair Bair, CEO Frater to leave May 1

A pair of key figures at Fannie Mae are leaving the company, as Chairwoman Sheila Bair is resigning as of May 1, and CEO Hugh Frater is retiring. Replacing Bair is former Wells Fargo executive Michael Heid. He was executive vice president of home lending at the parent company from 1997 until his retirement in […]